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2127 N ST JOSEPH ST
GONZALES, TX 78629-2167
Asking Price
$2.50M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
12.26 acres ready for development <p>Unbeatable Seller Financing Terms In today’s lending environment, the seller is offering a massive advantage to the right buyer with aggressive, below-market financing terms:</p><ul><li>Down Payment: 50% ($1,250,000)</li><li>Interest Rate: 5.5%</li><li>Amortization: 20 Years</li><li>Term: 5-Year Balloon</li><li><em>Benefit:</em> Lock in a low cost of capital while you entitle, permit, and launch your development.</li></ul><p></p><p></p>
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631
